Look at this 1985 Construction property on Victory Boulevard in the Valley Glen area of the San Fernando Valley. The building has large units some of which are townhouse style, a great unit mix of 6- 1s, and 5- 2s, and adequate parking. Its individually metered for gas and electricity and has central air/ heat providing a home style feel for its tenants. This property provides the next owner tremendous upside in rents creating the opportunity to add value to the asset. Based on the year built, the building is not subject to the Los Angeles RSO and is only subject to the California AB 1482 statewide mandate. The property is near shops, restaurants, and all that the SFV has to offer. This value-add asset will fit nicely in all sized portfolios.
Look at this 1985 Construction property on Victory Boulevard in the Valley Glen area of the San Fernando Valley. The building has large units some of which are townhouse style, a great unit mix of 6- 1s, and 5- 2s, and adequate parking. Its individually metered for gas and electricity and has central air/ heat providing a home style feel for its tenants. This property provides the next owner tremendous upside in rents creating the opportunity to add value to the asset. Based on the year built, the building is not subject to the Los Angeles RSO and is only subject to the California AB 1482 statewide mandate. The property is near shops, restaurants, and all that the SFV has to offer. This value-add asset will fit nicely in all sized portfolios.